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What are the Duties of a Trustee for an Irrevocable Trust?
The trustee is the person responsible for the management of a trust. He or she has a duty of loyalty, known as a fiduciary responsibility, for the beneficiaries of the trust. This places a legally enforceable standard of care on the trustee. The trustee must Protect...
What Will Happen to My Special Needs Child After I am Gone?
The Child Whether 2 or 82 years old, your child’s welfare is a major concern for you. Your special needs child may be able to maintain gainful employment, but they may not be able to live independently. You want to make sure that they are taken care of for the rest of...
Why would I want a Trust?
Benefits The benefit of a Trust is to protect your family and assets, and to ease the process of settling your estate. A Trust is simply a set of instructions. The instructions explain what you want to happen with your estate for beneficiaries, debts, and taxes. It...
You might be in a pickle if…
You deed your house to the kids. We have heard people say they want the kids to get their house, so they will sign the deed over to the kids. Then no one else can get it. Here is the problem- if you need TennCare or Medicaid, there is a five year “look back” period....
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Please call the office of Elder Law of Middle Tennessee at 615-444-3568 so we can discuss your needs, or click the link below.